EUR/NZD is forming a bullish flag pattern, a classic continuation setup signaling potential upside momentum. After a strong initial rally, price has entered a consolidation phase, creating a well-defined flag. With the support of this structure, we could see a breakout that aligns with broader bullish momentum.
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.